ANGLO AMERICAN PLATINUM LIMITED - Anglo American Platinum disposes of mineral resources within the Amandelbult mining right to Northam Platinum Ltd

Anglo American Platinum disposes of mineral resources within the Amandelbult mining right to Northam Platinum Ltd

ANGLO AMERICAN PLATINUM LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1946/022452/06)
Share Code: AMS
ISIN: ZAE000013181
("Anglo American Platinum" or “the Company")

Anglo American Platinum disposes of mineral resources within the Amandelbult mining right
to Northam Platinum Limited for R1 billion cash plus an ancillary contiguous resource

Anglo American Platinum announces that its wholly owned subsidiary, Rustenburg Platinum Mines
Limited has signed an agreement to dispose of mineral resources within the Amandelbult mining right
(the “Resource”), and surface properties above and adjacent to the Resource, to Northam Platinum
Limited (“Northam”) for a consideration comprising R1.0 billion in cash (the “Proceeds”) and an
ancillary mineral resource within Northam’s Zondereinde mining right that borders Amandelbult’s
mining right and which provides the Company with flexibility for the placement of future mining
infrastructure (the “Transaction”).

The Resource comprises an area of Merensky and UG2 resources containing approximately
16.7 million 4E ounces and bordering the west side of Northam’s Zondereinde mine. Shareholders
may view a map of the relevant area on the Company’s website, www.angloamericanplatinum.com.

The Resource is long-dated and outside of Anglo American Platinum’s long term life-of-mine plans
and therefore does not impact any current or future mining plans. The Transaction does not constrain
the Company’s next generation options for the Amandelbult mine, which has a number of shallow and
less capital intensive life extension options. The surface properties forming part of the Transaction will
enable Northam to access the Resource.

In addition to the Proceeds, the Transaction consideration includes an ancillary mineral resource
located on the north-west corner of the Zondereinde mining right. This area gives Anglo American
Platinum flexibility for the placement of future mining infrastructure, including options for next
generation replacement or expansion plans at Amandelbult.

Chris Griffith, CEO of Anglo American Platinum commented on the Transaction:

“We are pleased to announce the disposal of certain long-dated mineral resources within the
Amandelbult mining right to Northam. The Transaction is mutually beneficial and allows us to exit
resources for value which are outside of our life-of-mine plans and do not impact current mining or the
future potential of Amandelbult. We have also secured an ancillary contiguous resource that provides
us further flexibility for our future plans for the mine. The Proceeds will be used to further reduce net
debt and strengthen Anglo American Platinum’s balance sheet.”

The Transaction is subject to the necessary consents being obtained from the Minister of Mineral
Resources, including approval in terms of Section 102 of the Mineral and Petroleum Resources
Development Act.

Johannesburg
11 October 2016

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
  
For further information, please contact:
Investors:                                       Media:
Emma Chapman                                     Mpumi Sithole
(SA) +27 (0) 11 373 6239                         (SA) +27 (0) 11 373 6246
emma.chapman@angloamerican.com                   mpumi.sithole@angloamerican.com


Notes to editors:

Anglo American Platinum Limited is a member of the Anglo American plc Group and is the world’s
leading primary producer of platinum group metals. The company is listed on the Johannesburg
Securities Exchange (JSE). Its mining, smelting and refining operations are based in South Africa.
Elsewhere in the world, the Group owns Unki Platinum Mine in Zimbabwe. Anglo American Platinum
has a number of joint ventures with several historically disadvantaged South African consortia as part
of its commitment to the transformation of the mining industry. Anglo American Platinum is committed
to the highest standards of safety and continues to make a meaningful and sustainable difference in
the development of the communities around its operations.

www.angloamericanplatinum.com

Anglo American is a globally diversified mining business. Our portfolio of world-class competitive
mining operations and undeveloped resources provides the raw materials to meet the growing
consumer-driven demands of the world’s developed and maturing economies. Our people are at the
heart of our business. It is our people who use the latest technologies to find new resources, plan and
build our mines and who mine, process and move and market our products – from diamonds (through
De Beers) to platinum and other precious metals and copper – to our customers around the world.

As a responsible miner, we are the custodians of those precious resources. We work together with
our key partners and stakeholders to unlock the long-term value that those resources represent for
our shareholders, but also for the communities and countries in which we operate – creating
sustainable value and making a real difference.

www.angloamerican.com

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